As global markets navigate a period of fluctuating indices and economic adjustments, with notable rate cuts from the ECB and SNB alongside expectations for a Fed cut, investors are closely watching how these shifts impact their portfolios. Amidst this backdrop, dividend stocks can offer stability and income potential, making them an attractive consideration for those looking to balance growth with consistent returns in uncertain times.
Top 10 Dividend Stocks
Name
Dividend Yield
Dividend Rating
Tsubakimoto Chain (TSE:6371)
4.27%
★★★★★★
Wuliangye YibinLtd (SZSE:000858)
3.22%
★★★★★★
CAC Holdings (TSE:4725)
4.76%
★★★★★★
Yamato Kogyo (TSE:5444)
4.11%
★★★★★★
Guangxi LiuYao Group (SHSE:603368)
3.23%
★★★★★★
Padma Oil (DSE:PADMAOIL)
7.43%
★★★★★★
Nihon Parkerizing (TSE:4095)
3.97%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Overview: Abu Dhabi Islamic Bank PJSC offers banking, financing, and investing services both in the United Arab Emirates and internationally, with a market cap of AED49.40 billion.
Operations: Abu Dhabi Islamic Bank PJSC's revenue segments include Global Retail Banking (AED5.29 billion), Global Wholesale Banking (AED1.65 billion), Associates & Subsidiaries (AED1.40 billion), Treasury (AED176.50 million), Real Estate (AED168.80 million), and Private Banking (AED241.83 million).
Dividend Yield: 5.3%
Abu Dhabi Islamic Bank PJSC's dividend payments are currently well covered by earnings, with a payout ratio of 47.6%, and this coverage is expected to remain stable over the next three years. Despite a history of volatility in dividend payments, there has been growth over the past decade. The bank's price-to-earnings ratio of 9.1x suggests it offers good value compared to the broader AE market, although its bad loans level at 3.9% remains high.
Overview: Grupo Aeroportuario del Sureste, S. A. B. de C. V operates airport facilities and services, with a market cap of MX$166.88 billion.
Operations: Grupo Aeroportuario del Sureste, S. A. B. de C. V generates revenue through its operations in Cancun (MX$17.17 billion), San Juan, Puerto Rico, US (MX$4.50 billion), Colombia (MX$3.12 billion), Merida (MX$1.41 billion), and Villahermosa (MX$599.27 million).
Dividend Yield: 3.8%
Grupo Aeroportuario del Sureste's dividends are well covered by earnings, with a payout ratio of 25.9%, and cash flows, with a cash payout ratio of 54.9%. Despite historical volatility in dividend payments, there has been growth over the past decade. The stock trades at a price-to-earnings ratio of 13x, below the industry average of 14.4x, indicating relative value. However, its dividend yield is lower than the top tier in Mexico's market at 3.81%.
Overview: Evergreen International Storage & Transport Corporation, along with its subsidiaries, offers inland container transport and container terminal operations in Taiwan, America, and internationally, with a market cap of NT$33.99 billion.
Operations: Evergreen International Storage & Transport Corporation generates revenue primarily from cargo shipment (NT$15.52 billion), international sea transportation (NT$2.87 billion), inland transport (NT$1.87 billion), container yard operations (NT$958.26 million), and gas stations (NT$425.33 million).
Dividend Yield: 3.5%
Evergreen International Storage & Transport's dividends are well supported by earnings and cash flows, with payout ratios of 49.1% and 38.1%, respectively. The dividend yield of 3.45% is stable but below the top quartile in Taiwan's market. Despite a recent decline in profit margins to 11.4%, the company reported increased sales for Q3, enhancing its ability to sustain dividends that have grown steadily over the past decade without volatility.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ADX:ADIB BMV:ASUR B and TWSE:2607.
